GBP/USD prognosis: Libra sterling buyers doubt after a modest recovery After the strong fall observed on Wednesday, the GBP/USD found support on Thursday and closed the day slightly upwards. However, the torque struggles to extend its rebound and quotes in a narrow range around 1,3650 in the European session on Friday. The decrease in geopolitical […]
Gold is strengthened as Trump’s tax bill and tariff risks feed the demand for safe refuge
The price of gold rises as commercial risks increase before the deadline of tariffs. The US dollar is removed on Independence Day in the midst of scarce liquidity and growing long -term tax concerns. Xau/USD price compression suggests a breakdown potential for $ 3,400. The gold (Xau/USD) is contributing up on Friday as the news […]
The US dollar has difficulties since a solid NFP fails to compensate for tariff and fiscal risks
The US dollar drops on Friday in a light trade for the festivities, breaking a two -day streak run. Tariff tensions resurface while Trump prepares to send letters by imposing unilateral commercial tariffs from August 1. The “great and beautiful bill” of the US President passes through the House of Representatives, increasing concerns about long […]
JPY works best at risk aversion – Scotiabank
The Japanese Yen (JPY) is strong, rising 0.4% against the US dollar (USD) and surpassing all G10 currencies in the opening of NA on Friday, supported by the feeling in an environment of slight risk aversion, reports the Scotiabak FX strategy leaders, Shaun Osborne and Eric Theoret. Markets observe commercial conversations between the US and […]
GBP is being stable in front of the USD – Scotiabank
The sterling pound (GBP) is consolidating silently in a narrow range and entering the American session on Friday without changes against the US dollar (USD), they report Shaun Osborne and Eric Theoret, Scotiabank FX chief strategy. The perspectives are still bullish despite this week’s political turbulence “The prospects for the GBP are still bullish, despite […]
Gold prognosis: the xau/USD is loud laterally around $ 3.335, expect clarity about tariff policy
The price of gold ranges within Thursday’s negotiation range around $ 3,335, displaying volatility compression. The US President Trump is expected to announce a pair of commercial agreements before the deadline of July 9 tariffs. The approval of the Trump Tax Cutting Bill has caused fiscal risks in the US. The price of gold (Xau/USD) […]
EUR well supported near the maximum, ignoring the data – Scotiabank
The Euro (EUR) rises a modest 0.2% against the US dollar (USD) and enters Friday’s na session with a renewed support while approaching the upper end of this week’s range and moving towards the new maximum of several years on Tuesday, the Chief Strategies of FX of Scotiabank, Shaun Osborne and Eric Theoret report. ECB’s […]
The CAD quotes marginally down due to an appetite for the softer risk – Scotiabank
The Canadian dollar (CAD) has lost some land in the day, but it is being negotiated more or less without changes in the session, the FX Chief Strategies of Scotiabank, Shaun Osborne and Eric Theoret report. The USD/CAD is stabilizing around the upper area of ​​1.35 “The commercial conversations between the US and Canada are […]
Mixed USD against commercial concerns – Scotiabank
The markets are adopting a risk aversion approach for the weekend. The US dollar (USD) is slightly mixed compared to the main peers, but the JPY and the CHF are surpassing in the day, while the high beta currencies tend to have a lower performance, they inform the main strategists of Scotiabank, Shaun Osborne and […]
The US dollar index (DXY) goes below 97.00 in the midst of tariff uncertainty
The dollar cuts previous profits in a Risk Risk Market with uncertainty about increasing tariffs. Trump is expected to firm a broad fiscal bill that could increase doubts about the sustainability of US debt. The currency trade volumes are contained on Friday since US markets are closed. He US dollar index (DXY), which measures the […]